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Amendments · SAMDT 3834
ADOPTED· 119TH CONGRESS· SENATE
Senate AmendmentSAMDT 3834
To amend the Federal Credit Union Act to provide for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.
PROPOSED OCT 9· LAST ACTION OCT 9
- Adopted, not yet law
- Amendment, not the bill
- Effect depends on parent bill
DISPOSITION
ADOPTED
OCT 9
“Amendment SA 3834 agreed to in Senate by Voice Vote.”
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§ 03
SUMMARY
WHAT THIS CHANGES
This amendment makes it easier for credit unions to access emergency backup loans. It updates the rules for how groups of credit unions can work together to join a special government-backed lending facility designed to provide cash during financial emergencies.
§ 04
KEY POINTS
2POINT 01
Expanded Membership Options
It allows more credit unions to participate in the Central Liquidity Facility by letting them join through 'Agent' representatives.
POINT 02
Financial Stability
Easier access to emergency loans helps prevent credit unions from failing during sudden market downturns or cash shortages.
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ACTION TIMELINE
6 EVENTSOCT 9
Amendment SA 3834 agreed to in Senate by Voice Vote.
OCT 9
Amendment SA 3834 proposed by Senator Wicker for Senator Padilla to Amendment SA 3748. (consideration: CR S7074-7086)
OCT 9
Senate amendment proposed (on the floor): Amendment SA 3834 proposed by Senator Wicker for Senator Padilla to Amendment SA 3748.
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AMENDMENT INFO
TypeSenate Amendment
NumberSAMDT 3834
Congress119th
ChamberSenate
StatusADOPTED
ProposedOct 9, 2025
SubmittedSep 9, 2025
Last actionOct 9, 2025
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ADOPTED· 119TH CONGRESS · SENATE · PROPOSED OCT 9, 2025
Senate AmendmentSAMDT 3834
To amend the Federal Credit Union Act to provide for certain ways in which credit unions may be Agent members of the National Credit Union Administration Central Liquidity Facility.
PROPOSED OCT 9, 2025· SUBMITTED SEP 9, 2025· LAST ACTION OCT 9, 2025
DISPOSITION
ADOPTED
COSPONSORS
1
DAYS SINCE ACTION
351
